Growing benefits of green energy

The global economy is moving towards environmentally sustainable and renewable ‘green energy' — and as with every great shift in industry there are opportunities for new businesses and investment. The UAE is seeking up to Dh70 billion for investment in green energy and technology over the next seven years. Internationally, trillions of dollars in investment is needed over the coming decades to mitigate the effects of climate change and move the global economy towards clean technology. The move to technologies, like sustainable agriculture and solar and wind power, presents an opportunity for developing countries to fast-track their social and economic development. By investing in clean technology now — even if it is more expensive — countries can protect the local and global environment, benefit from savings and operational efficiencies over the long run and produce the sustainable goods and services increasingly in demand by consumers across the world. From Gulf News